Tags Richard Petty

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Sports>Motorsports

Why is there a limit on petty cash?

Anonymous

∙ 13y ago

Updated: 10/16/2024

Still curious? Ask our experts.

Chat with our AI personalities

Rene

Change my mind. I dare you.

Chat with Rene

Lao

The path is yours to walk; I am only here to hold up a mirror.

Chat with Lao

Maxine

I respect you enough to keep it real.

Chat with Maxine

Add your answer:

Earn +20 pts

Q: Why is there a limit on petty cash?

Write your answer...

Submit

Still have questions?

imp

Trending Questions

How do you get 6000 free cr on superstar racing? Who is chad reed coach? Did carl fogarty race in motogp? Which were the most fraudulent elections in history? Is there a way to lock your motorcycle helmet to your bike if you have saddlebags covering the original lock? An emotion that often leads to speeding is? Are go karts legal to drive on sidewalks in canada? A speeding car collides with an unlucky bug flying across the road. Which explains why the impact doesn and rsquot equally damage the car and the bug? How many pole sitters have won Nascar races? Who has more fans Indy or NASCAR? Where can one watch Formula One in central London? Who is a NASCAR driver from Virginia? Can you soften a leather jacket with WD-40? Where can you look up a dirt bike vin? What is a nonexample of motif? What is the average height and weight of an Indy car driver? How many Moto GP World titles has Valentino Rossi won? How does consumption of alcohol affect your driving skills Name three ways that alcohol can affect your driving? Who does Kyle Busch drive for? Who owns the NASCAR 96 car?

Related Questions

What is the similarity of cash book and petty cash?

petty

What are the difference of petty cash voucher and petty cash book?

petty cash voucher is released by the handler of the funds to support every payments made. petty cash book contains a summary of all petty cash disbursements, its total and the balance.

Analytical petty cash book?

The petty cash book which is prepared in columnnor form is called anylatical petty cash book

What is called as petty cash book?

petty cash book is the book which is used for the purpose of recording the payment of petty cash expenses.

What is petty cash receipt?

A petty cash receipt is an invoice or receipt for items or services bought out of petty cash. Petty cash is the small amount of cash usually held by businesses for one off small items.

Is the entry to establish a petty cash account a debit to petty cash and credit to cash?

yes. the entry should be: petty cash fund debit cash in bank credit

Is a debit to petty cash money that is taken out of petty cash?

credit

What is journal entry for petty cash?

Debit petty cashCredit cash / bank

Does the balance of the petty cash account increase when the petty cash fund is replenished?

No.

How do you establish the journal entry for petty cash?

[Debit] Petty Cash account [Credit] Cash account

Who has access to a petty cash?

a petty cashier

Is petty cash a fixed cost?

No, petty cash is a control account not an expenditure account.

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.